HOLO, a fast rising crypto

Holo is referred to as a peer-to-peer distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that does not require the use of blockchain technology. The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain, offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants.

The Holo network is facilitated using a token called HoloFuel, which is actively being tested and will act as an accounting system to pay hosts for their services. In 2018, the project minted an ERC-20 token, HOT — also known as HoloToken — as an "IOU" that will be redeemable for HoloFuel upon launch. Holo is still in development and is expected to launch for open alpha and beta testing by the end 2021.

Holo is to cloud hosting, that is what Airbnb was to hotels—anyone can become a host by turning their computer into a source of revenue, getting paid in HoloFuel for hosting peer-to-peer applications. By hosting P2P apps, you support a web that empowers your peers and communities.

Who Are the Founders of Holo?

Holo was founded by two experienced contract coders, Arthur Brock and Eric Harris-Braun. These two people first started working on the project in December 2016 as a part of the MetaCurrency Project, a developer of tools and technology designed to power a future P2P economy. Holo was partially modeled after Ceptr, a cooperative P2P framework for DApps that the two had previously worked on.

Brock has prior experience coding alternative currency systems as the founder of Geek Gene, a company that developed community-building tools, including more than 100 alternative currency solutions. He also co-founded social-enterprise incubator Emerging Leader Labs and founded open-source education "starter kit" Agile Learning Centers. In March 2019, Brock was named a fellow of the New Zealand-based Edmond Hillary Fellowship.

Harris-Braun started programming full time in 1988 and is the founder of Glass Bead Software, a developer of peer-to-peer communication software, as well as co-founder of Emerging Leader Labs alongside Brock. In 2003, he co-founded Harris-Braun Enterprises, a freelance software development and consulting firm. He has also served on the advisory board of the Schumacher Center For New Economics.

What Holo does

• Holo lets regular web users reach Holochain P2P apps through the distributed cloud-hosting network.

• Holochain is an open-source framework for truly peer-to-peer application

• The Holo infrastructure supports three main players.

• App Publishers pay Hosts in HoloFuel to rent their extra data storage and compute power. App Users are served distributed apps from the Hosts.

Holo Project

Redgrid: RedGrid is building the IOEN’s open-source foundations on Holochain, along with the first commercial apps that save customers money, extend the life of aging grid infrastructure, and accelerate renewables adoption.

What Makes Holo Unique?

According to its "green paper," Holo is designed to act as a bridge between Holochain, which represents the world of crypto technology, and everyday users. The project highlights several innovations that it says will "enable a large shift in the landscape of crypto applications and currencies," including the ability to host P2P apps on the internet for mainstream users.

The Holo network relies on a series of hosts that provide storage and processing power for DApps built using Holochain. Hosts either install software on their computer that runs in the background and automatically allocates extra processing power to Holochain-based DApps, or they operate a dedicated machine such as a HoloPort. In exchange, hosts are paid in HoloFuel, a token that is specifically designed for microtransactions. The design of HoloFuel is expected to allow the Holo network to process billions of simultaneous transactions.

The project's business plan centers on building a P2P ecosystem of hosts and applications, comparing its intended effect on app hosting to that of Uber and Airbnb on the taxi and hotel industries, respectively. Holo charges a fee on HoloFuel transactions, so its revenue model is directly tied to growing the number of applications and hosts on the network.

Holo Token (HOT) Price Live Data According to CoinMarketCap, the live Holo price today is $0.013963 USD with a 24-hour trading volume of $404,892,417 USD. Holo is up 6.34% in the last 24 hours. The current CoinMarketCap ranking is #66, with a live market cap of $2,414,071,743 USD. It has a circulating supply of 172,895,870,443 HOT coins and the max. supply is not available.

Frequently asked questions

Is Holo a good investment?

Holo is Positioned as the coin for common Internet users, Holochain is in a good position for successful development within a five-year period. Another analytical source, Wallet Investor, seems to have few doubts as to whether Holo is a buy or sell.

Can Holo crypto reach $1?

Can Holo coin reach $1? The technology developed is the most innovative and radical approach to the cryptocurrency market. In the very long term, when the technology has proven itself, the price may reach $ 1 and even go higher but you will have to be patient, this could take between 5 and 10 years.